Wartsila (OTCMKTS:WRTBY) Receives Average Recommendation of “Reduce” from Analysts

Wartsila (OTCMKTS:WRTBY) has been given a consensus rating of “Reduce” by the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company.

Several research firms have recently commented on WRTBY. Oddo Bhf initiated coverage on Wartsila in a report on Tuesday, July 7th. They issued a “neutral” rating for the company. Citigroup restated a “sell” rating on shares of Wartsila in a research note on Monday, July 27th. Finally, The Goldman Sachs Group upgraded Wartsila from a “neutral” rating to a “buy” rating in a report on Tuesday.

Wartsila Stock Up 3.3%

Shares of WRTBY stock opened at $6.88 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. Wartsila has a 1 year low of $5.77 and a 1 year high of $9.49. The firm’s fifty day moving average price is $6.68 and its two-hundred day moving average price is $7.41. The firm has a market capitalization of $20.36 billion, a P/E ratio of 26.46 and a beta of 1.16.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.06 EPS for the quarter. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.73 billion. Wartsila had a net margin of 9.77% and a return on equity of 25.56%. On average, equities analysts predict that Wartsila will post 0.25 EPS for the current fiscal year.

About Wartsila

Wärtsilä Oyj Abp is a Finland-based technology company serving the marine and energy industries. The company develops and supplies solutions designed to support efficient, flexible and lower-emission power generation, energy management and marine operations.

In its Energy business, Wärtsilä provides flexible power plants, energy storage systems, energy management software and related services. These offerings are used by utilities, independent power producers and other energy-sector customers to balance electricity systems and integrate renewable generation.

Wärtsilä’s Marine business supplies engines and propulsion systems, hybrid and integrated power solutions, exhaust treatment equipment, navigation and automation technologies, and other products and services for commercial vessels and other marine applications.